Tag Archives: Interest rates expected to have to climb in order to save the economy from overheating: US Treasury Secretary

Interest rates expected to have to climb in order to save the economy from overheating: US Treasury Secretary

Janet Yellen Treasury Secretary of the US admitted on Tuesday that interest rates would have to increase, in order to contain the United States’ burgeoning economic growth, which has been fueled in part by trillions of dollars in government stimulus spending. “It is likely that interest rates will continue to rise somewhat in order to […]